More than 180GW of solar will be deployed globally this year as the sector defies headwinds including higher module prices and supply chain constraints, IHS Markit has said.
Market leading PV module film material manufacturer, First Applied Materials has reported soaring profits on the back of growing demand, increased capacity and higher average selling prices (ASPs) for the fourth quarter and full-year 2020.
UK energy supplier Octopus Energy is to take on Octopus Renewable’s assets as part of an internal transaction that will see it become on of Europe’s largest renewable energy generators.
German agriculture group BayWa is forecasting a significant revenue rise for its renewables unit this year, thanks to a strong project pipeline and growth in PV component trading.
A new study in the UK has found that floating solar installations may help to reduce the impact of climate change on rivers and lakes and help preserve water quality, but more research is needed.
Millions of Australian households fitted with rooftop PV could be charged for exporting electricity to the grid under new proposals that critics have warned could curb the uptake of solar systems and slow the country’s energy transition.